National Retail Systems Joins Cargo Theft Solution Provider CargoNet As Charter Member

JOC Staff |
HASBROUCK HEIGHTS, NJ (July 21, 2010) — National Retail Systems, Inc. (NRS), a leading provider of logistics services to U.S. retailers, pharmaceutical companies, and consumer goods manufacturers, today announced it has joined the CargoNet® program as a charter member. John Tabor, director of corporate security for NRS, was appointed to the CargoNet Advisory Board.

“Cargo crime in the United States continues to be a major threat all over the country, particularly for retailers and pharmaceutical companies, accounting for billions of dollars in losses each year,” Tabor said. “We are proud to bring our experience and support to CargoNet. This new strategic alliance will lead to even more secure supply chains for NRS customers, enabling the expedited exchange of information that ultimately bolsters supply chain defenses.”

The supply chain security systems and processes in place at NRS have been recognized as among the most advanced in the industry by law enforcement and government agencies nationwide.

“CargoNet is pleased to have NRS as a CargoNet member given NRS’s award-winning leadership in the logistics industry, particularly as NRS is widely known as an industry leader in bringing supply chain security solutions to some of the nation’s largest retailers,” added Maurizio Scrofani, managing director of CargoNet.

A division of Verisk’s ISO Crime Analytics unit, CargoNet helps prevent cargo theft and increases recovery rates through secure and controlled information sharing between theft victims, their business partners, and law enforcement. CargoNet is centered on a national database and information-sharing system managed by crime analysts and subject-matter experts. CargoNet applies an integrated, layered approach that exploits the weakness of cargo thieves at multiple points and includes integrated databases, a theft alert system, task force and investigations support, a tractor/trailer theft deterrence program, the TruckStopWatch® program, driver education and incentives, secondary-market monitoring and interdictions, crime trend analysis and loss control services, and training and education.

About NRS
Since 1953, National Retail Systems, Inc., has pioneered many of the retail logistics processes considered cutting-edge today. The company operates an international network of transportation and distribution assets focused on one goal – delivering efficient and reliable logistics solutions to America’s leading brands. NRS delivers competitive supply chain advantage — from factory all the way to the store — through an exclusive joint venture with China logistics provider Sinotrans. SinoNRS and NRS offer factory pickup in Asia; international consolidation; freight forwarding; value-added services; import management; transload; distribution and warehousing; DC bypass; nationwide full-truckload and LTL transportation; pool point services; dedicated fleets; yard management; and store delivery. For more information, visit www.nrsonline.com.

About Verisk Analytics
Verisk Analytics is a leading provider of risk assessment solutions to professionals in insurance, healthcare, mortgage, government, and risk management. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on vast industry expertise and unique proprietary data sets to provide predictive analytics and decision-support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, data management, and many other fields. In the United States and around the world, Verisk Analytics helps customers protect people, property, and financial assets.